Hartalega remains buoyant on the outlook of the rubber glove industry this year and beyond

World's leading glove maker Hartalega Holdings Bhd remains buoyant on the outlook of the rubber glove industry this year and beyond despite concerns over raw material costs following the rise in natural rubber (NR) prices to a 20-month high and the ringgit’s appreciation against the US dollar.

Hartalega Managing Director Kuan Kam Hon sees demand growth stemming from the healthcare reform in the US and China, as well as from emerging markets such as South America, Middle East and Africa.

He said the recent US healthcare reform alone would boost demand by 10%........CLICK HERE to read more about how the world’s lowest cost producer of thin Nitrile gloves sees the market in 2010 and beyond.